It's a court-mandated form and is required by the PR (Personal Representative) to sell the estate property.The other two required documents for the PR to possess is the Petition for Probate and Order for Probate.

you only need to take title in you name if you are using conventional secondary market financing. you can and the bankers prefer you take possession in your entity if using commercial financing. 

Suing for possession and suing for civil penalties are two different things.

If you can't get a quit claim from the owner, you could take possession of the lot and do an adverse possession claim in 15 years. 

The escrow remained in the possession of the title company throughout the period of the court procedure, which has just ended, with the title now clear and ready to close.

If traditionally financed, you should probably take possession in your name and then deed them to the LLC.Do you have an aversion to creating an entity?

My question is, when am I able to take back possession legally of the home? 

Having worked extensively in this domain as a financial and reporting side, I possess a knowledge that I'm more than willing to exchange for your valuable time.

What do the tycoons possess that all the others do not?

Not renters insurance, which covers the tenants possessions.